What is a beneficiary? Why is it important to be specific with regard to beneficiaries and assets
Question:
What is a beneficiary? Why is it important to be specific with regard to beneficiaries and assets in your will?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
A beneficiary is a person or entity that you des...View the full answer
Answered By
Isaiah Mutinda
As a graduate with Bs in Maths and Computer Science and having worked as a freelance full stack software developer for 3 years running I believe I have what it takes to conformable tutor and mentor a student to a professional developer also.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why is it important to be cognizant of misinterpretations as an international manager?
-
What is epistemology and why is it important to know about different perspectives on research and how it should be done?
-
What is tax neutrality? Why is it important to the multinational corporation? Is tax neutrality an achievable objective?
-
Since the introduction of enhanced security measures by the U.S. Department of Homeland Security in 2017, flights bound for the U.S. from Canada are subject to additional screening by airline...
-
Explain the term warranty and distinguish between express and implied warranties.
-
Can leftist heaps efficiently support decreaseKey?
-
What are two methods that you might use to grow and develop your career?
-
Reynolds.com uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end. Instructions (a) Calculate the total estimated bad...
-
Suppose that you hold a piece of land in the City of London that you may want to sell in one year. As a US. resident, we are concerned with the dollar value of the land. Assume that, if the British...
-
Iron in the form of fine wire burns in oxygen to form iron(III) oxide. 4Fe(s) + 3O2(g) 2Fe2O3(s) How many moles of O2 are needed to produce 3.91 mol Fe2O3?
-
What is an executor? Why is it important to name an executor in your will?
-
What is a will? Why is a will important? What does it mean to die intestate?
-
Given the following data: 2C6H6(l) + 15O2(g) 12CO2(g) + 6H2O(l) Go = 6399 kJ C(s) + O2(g) CO2(g) Go = 394 kJ H2(g) + 1/2 O2(g) H2O(l) Go = 237 kJ calculate Go for the reaction 6C(s) + 3H2(g) ...
-
There is a T-bill futures contract expiring in 70 days being traded. The 91-day T-bill yield is 3.44%, the 161-day T-bill yield is 0.1%, and the risk-free rate is 0.05%. If the market price on the...
-
News about the recent wildfires generally talk about number of acres burned by the fires. Most people don't think in terms of acres. If an acre is defined to be 4840 square yards, then , i. How many...
-
Blake Company produces a single product. Last year, Blake's net operating income under absorption costing was P3,600 lower than under variable costing. The company sold 10,000 units during the year,...
-
Where is the best place in the UK to open a bakery and why? Explain
-
What would be Global companys cost of good sold. If the starting inventory $150,00 & ending inventory $90,000. but during the month Global company acquired/got $2,00,600 of inventory. (please show...
-
Referring to Eq. (7.5), it is stated that actual values of e0 are significantly higher than the values of e" due to the shifting of the neutral axis during bending. With an appropriate sketch,...
-
In a certain school district, 3% of the faculty use none of their sick days in a school year. Find the probability that 5 faculty members selected at random used no sick days in a given year.
-
What is the responsibility of the insurance company that sells you a policy? How do insurance companies determine their profits? What is the relationship between insurance company claims and premiums...
-
How does accident benefits coverage under an auto insurance policy work? What is uninsured motorist coverage? How does it work?
-
Describe collision insurance and comprehensive coverage. Is this type of coverage required by most provinces? Who may require this type of coverage?
-
Jamie has timber land that is worth $1 million with a monthly upkeep cost of $5,000. It has been growing for 15 years. Carrie's Cutting service has put a bid in to harvest 3,000 trees with the hope...
-
Use the following assumptions below to answer the following questions. Asking Price: $249,500 Total Sq. Ft.: 2,028 Total Units: 2 Avg. Monthly Rent per Unit: $1,625 Annual Rent Growth: 3.0%...
-
GAAP requires that O all companies that issue an annual report should issue interim financial reports. O the three basic financial statements should be presented each time an interim period is...
Study smarter with the SolutionInn App